Puts Purchased on A-Power Energy Generation Systems (APWR)
By Michael J. Zerinskas
March 31, 2011 12:16 PM
March 31, 2011 12:16 PM
Symbols: APWR
Shares of A-Power Energy Generation Systems (NASDAQ: APWR) are higher on the session by 0.63%, currently trading at $4.78. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages.
Options traders are buying puts on the name today. A short while ago the April 2011 $5.00 put was purchased 500 times, on the offer, on open interest of 590 contracts.
Overall put volume is now running at 5.87x the daily average with 76% of all puts traded being purchases on the offer.
A-Power Energy Generation Systems, Ltd. is engaged in providing onsite distributed power generation systems and micro power grids for industrial companies
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We're Loving
